QQuestion DetailMCQ
A trader sells two pen sets at the same selling price. On one he gains 15% and on the other he loses 15%. Find the overall profit or loss percentage.
A3.25% Loss
B1.25% Loss
C4.25% Loss
D2.25% Loss
Answer
2.25% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=15. Net Loss = (15/10)^2 = 2.25%.
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